WhiteOak Mutual Fund announced the launch of the WhiteOak Capital Large & Mid Cap Fund, an open-ended equity scheme investing in both large-cap and mid-cap stocks. The scheme opened for public subscription on December 01, 2023, and will close on December 15, 2023.
The scheme re-opens for continuous sale and repurchase within five business days from the date of allotment. This is an open-ended equity scheme investing across large-cap and mid-cap stocks.
This product is suitable for investors seeking Speaking on the new fund offer, Aashish Somaiyaa, CEO, WhiteOak Capital Asset Management, said, “Since mid-2022, at WhiteOak Capital AMC, our focus has been deliberately to launch back-to-back NFOs and get the entire product range out there, especially in the major categories preferred by investors and advisors. The industry has become very meritocratic and hence it is imperative that instead of trying to push big NFO campaigns, we just put the products out there and they start building a track record and their portfolios, track record and NAVs are available for everyone to gauge our prowess.
All the funds we created up until now have had a great start in terms of their early performance and we are getting huge appreciation from investors and industry participants alike. This is evident from the 3 lakh folios and 1.5 lakh SIP registrations received since inception.
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